Funding you earn now, next payment 07:00 UTC−0.0924%/8h= −101.1% APRpaid last 24h +0.035%
Price spread now: Bitget against QFEX+0.078%46s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
Funding, last 4 days (all we have)+0.071%+$7 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.078%, 7d avg +0.055%
=The price spread pays, funding is against you. Bitget is 0.023% dearer against QFEX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.055%): +$2 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 4 days funding on this pair paid +0.071%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.071% in total (about 7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ARM-USD | 320.30 | 0.0021 | pay 0.0003% / 1h | 22m 47s | $1.1M | $3.5M | 10x |
| Short | Bitget ARMUSDT | 320.55 | −0.0903 | pay 0.0903% / 8h | 1h 22m | $1.7M | $4.0M | 20x |
QFEX ARM-USD
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$193.96
- Price spread: +0.078% → +0.055%
- $2.31
- Slippage, 4 orders
- −$26.9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$240.55
- Costs to cover
- 0.489%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; Bitget: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 10 min ago | 1.88 bp | 6.9 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.38 bp | 14.6 bp −$15 | 26.7 bp −$267 | 72.2 bp −$7,217 | doesn't fit |
ARM on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTshort | −0.0903% | 8h | 320.55 | +0.078% | $1.7M | $4.0M | 20x | |
| BloFin ARM-USDT | −0.0004% | 8h | 320.15 | −0.047% | $122K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 320.28 | −0.007% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.42 | +0.038% | $36K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.48 | +0.056% | $8.3M | $50.4M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.48 | +0.056% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.40 | +0.031% | $1.6M | $6.6M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.52 | +0.069% | $1.4M | $4.2M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.82 | −0.150% | $184K | $282K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.72 | −0.180% | $249 | $229K | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 319.87 | −0.134% | $1K | $2.5M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.45 | +0.047% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.09 | −0.066% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USDlong | +0.0021% | 1h | 320.30 | long leg | $1.1M | $3.5M | 10x | |
| Lighter ARM | +0.0032% | 1h | 320.38 | +0.025% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.36 | +0.019% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.26 | −0.012% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 319.11 | −0.372% | $184K | $432K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.36 | +0.019% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0171% | 1h | 320.60 | +0.094% | $8.2M | $8.7M | 10x | as long as short |
| Phoenix ARM | +0.0199% | 1h | 320.06 | −0.075% | $5K | $444K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0200% | 1h | 320.05 | −0.078% | $99K | $297K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.41 | +0.971% | $5K | $50K | 12x | as long as short |
| edgeX ARMUSDC | +0.0271% | 4h | 319.54 | −0.238% | $34K | $351K | 10x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
edgeX ARMUSDC